Interested People History

Hello Interested People,

If you are in GNI, and I think most of us are, then you will have received the latest update yesterday.

I have had a few panicked emails, which is to be expected, but I think most of us are simply reading, re-reading and digesting the news.

I know I had to sleep on it before I could really comment, but now I am ready to understand, accept and move forward.

The GNI as we know it, the 6% weekly, is on hold for now and they are creating a new GNI. This is necessary for now and is to be considered a recovery plan. I suspect as things get stabilized, we may find the "old" GNI again at a later date. But that is speculation on my part, of course.

Why the need for recovery?

-There is a huge amount of funds frozen at their bank. The funds are frozen due to something that has nothing to do with GNI. But they are caught in the net the bank threw out to sort out some incident of money laundering or scam of some kind. Again, nothing perpetrated by GNI!! Rest assured.

But the simple fact that this large amount of funds is frozen is hindering their potential income and/or the fulfillment of withdrawal requests. They managed to move on for a few months nonetheless, but it has become a critical issue now.

-Scammers within the membership. Those that took advantage of loop holes in the deposit and commission structure caused a huge amount of money to be paid out to people that really hadn't earned it, taking it away from the members who had.

-Apparently the arbs business is bringing in less than it had been as well.

All these factors combined is at the root of the restructuring of the program.

The good news?
-They aren't quitting or disappearing! They are working hard to make sure no one is let down.

In a nutshell, you won't lose your money with GNI. But the terms are changing, and they are completely different than they were. But there will still be a profit and it is still much better than any bank will give you!

From the forum regarding deposits:
You get it all back.  Everything you put in and everything it earned up until now.  You have not lost anything.  You get it all.  If your balance is less than $21,000 it will take 6 months to get almost all of it and in the 7th month you will have all of it plus some.  In the premium plan it only takes 5 months.  And you will continue receiving for a total of 14 months.  After the 5th or 6th month, everything until we reach the 14th month is profit OVER AND ABOVE WHAT YOU ALREADY HAVE IN THE PLAN TODAY.  The only change is that you cannot withdraw at will, it can be withdrawn/reinvested over 14 months, it will compound monthly instead of weekly should you chose to do so, and it will earn a lower but still outstanding interest rate every month.  Don't despair.  The new plan will get your money back to you with interest.

The site is down right now as they reprogram the back office to take the changes into account. The forum is open and very active right now.... if you aren't registered yet, you must register using your exact GNI username and password and then it must be approved. See: http://www.gniforum.com

Once in there, please have a look around, but specific posts I'd like you to read are:
http://www.gniforum.com/index.php?topic=1376.0
http://www.gniforum.com/index.php?topic=1359.0   (Look for Catman's posts. Catman is the math man and presents a clear and logical explanation for us.)
http://www.gniforum.com/index.php?topic=1362.msg16398#msg16398
http://www.gniforum.com/index.php?topic=1357.msg16281#msg16281

No one likes change, it takes a while to get used to it and we've been quite spoiled by GNI, so that much harder. But honestly, 14%-16% per month is nothing to snicker at! The biggest change is the principal is included in the monthly interest AND the term of the investment is now definitive at 14 months.

Read the posts above for the math and how it all works out to our profit. Be grateful they are continuing in any format and not disappearing and/or giving up. Time to move forward and accept what it is and be grateful for it.

So relax, accept and enjoy your weekend!
Suzanna